Scrip is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By


Shanghai First Pharmacy’s New Chief Accelerates Balian Reorganization

This article was originally published in PharmAsia News

Executive Summary

Shanghai First Pharmacy Co., Shanghai's top drug retailer, has appointed industry veteran Zhen-Wu Xu its new CEO. Hailing from Bailian Group, Wu is expected to accelerate the reorganization of Bailian's two subsidiaries, SFP and Huifeng Pharmaceutics. According to a company official, both subsidiaries have completed the integration of their marketing channels and management. The consolidation of wholesale and chain store retail business, as well as sales and distribution, will follow. SFP plans to set up a chain of drugstores in shopping centers and supermarkets by tapping on Huifeng Pharmaceutics' rich experience in drug chain store management. (Click here for more)

You may also be interested in...

What’s Next? Five Things To Look Out For In December

Amgen and Mylan will face US Food and Drug Administration actions dates on two of their biosimilar candidates in December, while ANDA sponsors have date-certain launches for two generic products.

European Commission Evaluating CBD Court Ruling Ahead Of Crucial UN Vote

With the European Commission "carefully assessing" the judgment of Europe's highest court that CBD is not a narcotic, HBW Insight speaks to an expert in cannabis law about what is likely to happen next.

UK First To Authorize Pfizer/BioNTech COVID-19 Vaccine

The UK has used a special legislative process to temporarily authorize the use of the BNT-162b2 vaccine, with the first 800,000 shots expected to be delivered within days.




Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Thank you for submitting your question. We will respond to you within 2 business days. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts